Financial Modelling - 2016

Unit summary


  • Level of Study: Undergraduate Level 3
  • Study load: 0.125 EFTSL
  • Delivery method: Fully Online
  • Prerequisites: Yes
  • Duration: 13 weeks
  • Government loans available: FEE-HELP, HECS-HELP
  • Availability for 2016: SP1
  • Availability for 2017: SP4
  • Assessment: Assignments - Group/Individual (30 - 40%) , Invigilated Exam - (60 - 70%)

Unit provided by

2016 Fees
Domestic 1,305.00
HECS 1,305.00
International 1,555.00

Within the business world and life individuals are constantly making decisions about everyday business problems. Many of these decisions are made based upon many different variables. To help make these decisions models have been developed to make the process easier for the decision maker. Students will look at some of the current business models using excel, in particular in the areas of finance, accounting and financial planning. The students will also develop the skills to construct their own models to suit different situations relating to their personal and business lives.

At the completion of this unit students will be able to:

  1. Examine a range of models identifying features that make them useful
  2. Undertake basic model building for business applications
  3. Construct and use models to analyse a wide variety of situations arising in business, commerce and finance
  4. appreciate the good and not-so-good components of a model
  • Assignments — Group/Individual (30 - 40%)
  • Invigilated Exam — (60 - 70%)
For more information on invigilated exams see Exams and results

Equivalent units

You cannot enrol in this unit if you have successfully completed any of the following unit(s) because they are considered academically equivalent:

  • FIN301 — Financial Modelling

Mandatory prerequisites

You must have successfully completed the following unit(s) before starting this unit:

If you have completed equivalent study at another university, please contact a Student Advisor for advice.

  • Broadband access

This unit addresses the following topics.

1Basic spreadsheet calculations and modelling techniques
2Financial statement modelling
3Valuation and Leasing
4Distribution of stock prices, returns and variances
5Matrices and portfolio theory
6Introduction to options and option strategies
7Pricing options using the Binomial Model-and Black Scholes
8Debt instruments & term structure models

This unit is delivered using the following methods and materials:

Instructional Methods

  • Discussion Forum/Discussion Board
  • Online assignment submission
  • Standard Media
  • Web links

Print based materials

  • Welcome Letter

Online materials

  • Printable format materials

This unit is part of a major, minor, stream or specialisation in the following courses:

This unit may be eligible for credit towards other courses:

  1. Many undergraduate courses on offer through OUA include 'open elective' where any OUA unit can be credited to the course. You need to check the Award Requirements on the course page for the number of allowed open electives and any level limitations.
  2. In other cases, the content of this unit might be relevant to a course on offer through OUA or elsewhere. In order to receive credit for this unit in the course you will need to supply the provider institution with a copy of the Unit Profile in the approved format, which you can download here. Note that the Unit Profile is set at the start of the year, and if textbooks change this may not match the Co-Op textbook list.

Textbooks are subject to change within the academic year. Students are advised to purchase their books no earlier than one to two months before the start of a unit.

Click on the titles of the listed books below to find out more:

Required textbooks

  • Financial Modeling 4ed

    By:Benninga, Simon

    ISBN: 9780262027281


    Supplier:Go to The Co-op Bookshop

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